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Terrence Williams to Rockets in trade

Updated: December 15, 2010, 6:30 PM ET
ESPN.com news services

NEWARK, N.J. -- The New Jersey Nets traded Terrence Williams to the Houston Rockets in a three-way deal that will land them Los Angeles Lakers guard Sasha Vujacic and a pair of first-round draft picks, the Nets announced on Wednesday.

The Lakers will receive Nets veteran power forward Joe Smith, two second-round picks from New Jersey and the draft rights to Sergei Lishchuk from the Rockets.

The Nets get the Lakers' 2011 first-round pick -- which is protected from No. 1 to No. ...

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